6 Best Ways: Send Money Japan to China (2026 Guide)

Quick Summary: Best Options for JPY to CNY Transfers

For frequent transfers from Japan to China in 2026, digital remittance providers like Panda Remit and Wise offer the most competitive balance of low fees and mid-market exchange rates. While traditional banks (such as Seven Bank or SBI Shinsei) provide reliability for high-value transactions, they often incur higher SWIFT network costs. For users prioritizing speed and mobile wallet reception (Alipay/WeChat Pay), specialized fintech apps are currently the superior choice over wire transfers.

Why "Best for Frequent Transfers" Matters for Frequency & Transfer Pattern

When analyzing the Frequency & Transfer Pattern of remittances, the cost structure changes significantly between one-off payments and recurring transfers. For users sending money monthly (e.g., salary remittances or family support), flat-fee structures or percentage-based models with caps are critical.

High-frequency traders and expatriates must prioritize providers that offer consistent FX margins. A service that is "best for frequent transfers" minimizes the cumulative loss caused by exchange rate volatility and lifting fees charged by intermediary banks. In 2026, automated recurring transfer features and loyalty-based fee reductions have become standard metrics for evaluating these services.

Comparison: Top Providers for Japan to China (2026)

Analysis of Top Money Transfer Services

1. Wise (formerly TransferWise)

Wise remains a benchmark for transparency. They utilize the mid-market rate without a markup, charging a variable fee instead. For users in Japan, this is often the most cost-effective method for bank-to-bank transfers. However, strict KYC (Know Your Customer) protocols in Japan (My Number Card verification) are required.

2. Panda Remit

Panda Remit has established itself as a specialist for the Asian corridor. Operating under the regulation of the Kanto Local Finance Bureau in Japan, it offers a highly localized experience for Chinese nationals. Its strength lies in its direct integration with Chinese digital ecosystems, allowing for seamless transfers from Japanese bank accounts to Alipay and WeChat wallets.

3. Western Union

While often more expensive due to exchange rate markups, Western Union remains vital for recipients in China who require physical cash pickup and do not have access to digital banking or smartphones.

4. Seven Bank / SBI Remit

These are hybrid solutions. Seven Bank is ideal for users who prefer depositing cash at ATMs in Japan (e.g., inside 7-Eleven stores) to initiate transfers. While convenient, the exchange rates are typically less favorable than digital-only competitors.

When Panda Remit is a Strong Choice: JPY to CNY Corridor

In the specific context of the JPY to CNY corridor, Panda Remit offers distinct advantages for 2026:

• Digital Ecosystem Integration: Panda Remit maintains official partnerships with Alipay and WeChat Pay. This allows senders in Japan to route funds directly to the recipient's mobile wallet balance or linked bank card, a feature that aligns with the primary payment habits in mainland China.
• Compliance & Safety: Panda Remit is a compliant international money transfer service. In Japan, they are registered as a Funds Transfer Service Provider. Globally, their parent entities or partners adhere to standards set by bodies like the FCA (UK) and ASIC (Australia), ensuring a high level of operational security.
• Cost Efficiency: For amounts under 500,000 JPY, the combination of fees and FX margins often results in a higher net CNY receipt compared to traditional SWIFT transfers.

Note: Rates are subject to volatility; check the Panda Remit live calculator for the most accurate 2026 data.

2026 Regulatory & Compliance Considerations

Sending money to China is subject to strict capital controls. As of 2026, users must be aware of the following:

China's SAFE Regulations

The State Administration of Foreign Exchange (SAFE) in China enforces an annual foreign exchange settlement quota equivalent to $50,000 USD per person. Transfers exceeding this limit may be rejected or require extensive documentation proving the source of funds (e.g., salary slips, tax returns).

Japan's FSA Guidelines

The Financial Services Agency (FSA) in Japan requires strict identity verification for all international transfers. Users must provide a "My Number" card (Individual Number Card) to any remittance provider. In 2026, enhanced AML (Anti-Money Laundering) checks may delay transactions that lack clear purpose-of-payment declarations.

Hidden Costs to Watch

Beyond the upfront fee, watch for Intermediary Bank Fees. When sending to a Chinese bank account via SWIFT (used by traditional banks), a third-party bank may deduct 2,000–4,000 JPY from the principal amount before it arrives. Services like Panda Remit and Wise typically use local payout networks to avoid these hidden lifting fees.

FAQs: Sending Money from Japan to China

Is it safe to send 1,000,000 JPY to China via Panda Remit?

Yes, provided the service is registered with the Kanto Local Finance Bureau. However, for large amounts (1,000,000 JPY+), you may be required to provide additional income verification documents to comply with Japanese anti-money laundering laws and China's SAFE regulations.

How do I send money to Alipay from Japan?

To send to Alipay, you must use a remittance provider that supports this payout method, such as Panda Remit, Wise, or Remitly. You will need the recipient's Alipay ID (usually their phone number) and their full legal name in Chinese characters.

What is the fastest way to transfer JPY to CNY?

Digital wallet transfers are the fastest. Sending to Alipay or WeChat Pay via a fintech provider usually results in funds arriving within minutes. Bank-to-bank wire transfers typically take 1 to 3 business days.

Does the recipient in China pay fees to receive money?

Generally, no, if you use digital providers like Panda Remit or Wise. However, if you use a traditional bank wire transfer (SWIFT), the recipient's bank in China may charge an incoming wire fee.

Can I send money to a business account in China from Japan?

Most consumer remittance apps (like Panda Remit or Wise personal accounts) are restricted to Person-to-Person (P2P) transfers. Sending to a business (B2B) usually requires a dedicated business account or a traditional bank wire transfer, and requires specific invoices for customs clearance.